The Gems and Jewellery Industry is responsible for the quality and reliability of highly priced goods, and so, organizations may be held responsible for issues regarding the same. This may lead to lawsuits, bad media representation, reputational and financial penalties, amongst other problems. With regulatory bodies such as The Bureau of Indian Standards (BIS) and India Brand Equity Foundation (IBEF) that drive compliance from organizations working under this industry
it is extremely important to ensure compliance by keeping checks on related activities. GRC STACKTM provides a software-based solution that eradicates the haphazardness that one generally associates with compliance, risk management and governance by providing industry-specific compliance reminders and updates as well as risk management strategies. There is also a provision to assess the origin of minerals and gems called the Conflict Minerals Management. Embrace GRC STACKTM and gain access to all of this and more!
we will use all our combined implimentation experience in this vertical to deliver a robust GRC solution